FHA premium cut still may not happen after Montgomery is confirmed – National Mortgage News 11/29/17

November 29,2017 As reported by Brian Collins in today’s National Mortgage News,  though it seems likely that Brian Montgomery will once again serve as FHA commissioner, his ability to answer calls by community mortgage lenders to reduce mortgage insurance premiums may prove difficult. Click Here for full article.  

Preserving homeownership incentives – a national priority in tax reform (11/22/17)

Here’s a better solution for tax reform This Op-Ed appeared in Housing Wire on November 22, 2017. by Scott Olson The Community Home Lenders Association is very supportive of the goals of the pending House and Senate tax bills of providing tax relief for individuals and corporations and simplifying and reforming the tax code. And if … Continue reading

Housing industry disappointed in House for passing tax reform bill – Housing Wire 11/17/17

  November 17, 2017 As reported by Kelsey Ramirez in Housing Wire, the housing industry, including CHLA, NAR and NAMB, are expressing their disappointment in the passage of the “Tax Cuts and Jobs Act” by the House. “The Community Home Lenders Association is disappointed that the House approved its tax bill without … Continue reading

Fannie posts $3 billion profit despite hurricanes – Scotsman Guide 11/2/17

November 2, 2017 As reported on Scotsmanguide.com, “some mortgage banking trade groups, renewed calls this week for FHFA to withhold the dividend payments” after Fannie Mae posts a $3 billion profit. “This week’s strong Fannie and Freddie profit reports should not obscure the fact that an accounting blip or tiny … Continue reading